Is home ownership the Great Australian Dream, or nightmare? | The Context | ABC News

Is home ownership the Great Australian Dream, or nightmare? | The Context | ABC News

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As interest rates go up again, John Barron looks at if the Great Australian Dream of owning your own home has actually become a nightmare. Plus, what do tulips have to do with cryptocurrencies? Watch more from #TheContext with John Barron: https://bit.ly/3zbe6oN

0:00 Introduction to The Context with John Barron
0:40 The Great Australian Dream – why the current housing crisis isn’t new, but it’s different
3:08 Housing affordability – a timeline of house prices, wages and mortgage rates
5:18 Interview with Nicole Gurran, Professor of Urban Planning and Housing
14:50 Now and Then: How have Australian attitudes to home ownership changed over the years?
17:31 Interview with Dr Lois C Towart, property academic and qualified valuer
22:47 Is the current cryptocurrency boom comparable to the peak of Dutch “Tulip Mania” in the 1600s?

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